VP, Financial Strategy (Treasury Product Financial Control & Hedge Accounting), Central Treasury Unit

Company: 1011 United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

Job Responsibilities

The successful candidate will join FS in the Central Treasury Unit Business Finance (CTU BF) space and play a key role in leading and supporting the CTU BF function. Key responsibilities include:

Financial Performance Management and Analysis

• Lead the production, monitoring, and analysis of the Group CTU Profit & Loss (P&L) reports, ensuring timely, accurate, and insightful financial reporting.
• Perform detailed variance analysis to identify and explain key drivers
• Partner with stakeholders to assess financial performance trends and support strategic decision-making.

Budgeting, Forecasting and Financial Planning

• Lead the annual budgeting and periodic forecasting processes for the CTU Business Finance function.
• Monitor financial performance against budget and forecast targets, providing comprehensive analysis and explanations of variances.
• Support management in evaluating opportunities, risks, and emerging trends that may impact financial performance and strategic objectives.
• Prepare management presentations and financial reports for senior stakeholders and governance committees.

Hedge Accounting Governance and Advisory

• Lead and coordinate Group-wide hedge accounting initiatives to support effective risk management and financial reporting objectives.
• Provide technical guidance and advisory support on hedge accounting matters to local Finance and Treasury teams across different jurisdictions.
• Ensure hedge accounting practices comply with applicable accounting standards, regulatory requirements, and internal governance policies.
• Partner with treasury, finance, and risk teams to assess and implement hedge accounting solutions for new products, transactions, and strategic initiatives.

Audit, Controls and Governance

• Act as the primary liaison for Internal Audit and External Auditors on matters relating to CTU Business Finance activities.
• Coordinate audit requests, facilitate discussions, and ensure timely resolution of audit queries and findings.
• Strengthen financial controls, governance processes, and documentation standards to support a robust control environment and regulatory compliance.
• Ensure adherence to Group accounting policies, financial governance frameworks, and regulatory requirements.

Strategic Projects and Continuous Improvement

• Drive and contribute to strategic initiatives aimed at enhancing operational efficiency, financial reporting capabilities, and treasury management processes.
• Identify opportunities for process automation, workflow optimisation, and data analytics enhancements to improve productivity and reporting quality.
• Support the delivery of Group-wide transformation initiatives and strategic objectives through effective project participation and stakeholder engagement.
• Foster collaboration across Finance, Treasury, Technology, and business teams to implement best practices and sustainable process improvements.

Stakeholder Management

• Build strong working relationships with CTU, Risk Management, Product Control Group and Ops Risk Management, Group Finance and business unit stakeholders.
• Serve as a trusted finance partner, providing financial insights, technical expertise, and strategic recommendations to support business and treasury objectives.
• Facilitate clear communication and alignment between finance, treasury, and business stakeholders on key initiatives and performance outcomes.

Job Requirements

• Bachelor’s degree in Accounting, Finance, Business, or an equivalent professional certification.
• Minimum of 12 years of experience in the banking or financial services sector, with strong exposure to Treasury, Product and Financial Control and Hedge Accounting.
• Working knowledge and experience in Cash Flow Hedge Accounting and Fair Value Hedge Accounting
• Good understanding of bank balance sheets, funding structures, deposit and loan products, and internal pricing mechanisms; familiarity with liquidity risk frameworks is preferred.
• Strong SAP, Excel and PowerPoint skills
• Proactive, meticulous, and able to work both independently and collaboratively in a team environment.
• Strong organizational skills with the ability to manage multiple priorities in a fast-paced, deadline‑driven setting.
• Resourceful with strong communication and interpersonal skills to effectively engage with business, finance, and other stakeholders.
• Passionate about using data analytics and financial modeling to generate insights that support high‑quality decision‑making.
• Demonstrated leadership, influencing ability, and strong stakeholder management skills.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

Apply now and make a Difference